Saturday, September 20, 2008

Bush: "This is a big problem"


President Bush makes remarks outside the White House following a meeting with the Colombia President, defending the government's bailout of Wall Street.

"My first instinct wasn't to lay out a huge governmental plan. My first instinct was to let the market work. Until I realized when being briefed by the experts how significant the problem has become. So I decided to act and act boldly."

"The systematic risk was significant and required a significant response...This is a big package because this is a big problem."


[Source: thepage.time.com]

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